Mixed Income Housing for the New Economy: ULI Terwilliger Center for Workforce Housing Looks At Innovative Solutions That Work

Affordable Workforce Housing Forum Set for March 7-8, 2011 in Orlando

For more information, contact Trisha Riggs 202/624-7086; e-mail: priggs@uli.org

WASHINGTON (February 7, 2011) – Success stories in the development of affordable workforce housing in a still-challenging economic environment, plus prospects for filling future demand will highlight an upcoming forum being hosted in Orlando by the Urban Land Institute (ULI) Terwilliger Center for Workforce Housing.

“Mixed Income Housing for the New Economy: Innovative Solutions that Work” will be held March 7-8, 2011 at the Hyatt Regency Orlando International Airport , 9300 Airport Boulevard in Orlando, Fla. Headlining the impressive list of nationally acclaimed private and public sector housing experts are speakers Henry G. Cisneros, former secretary of the U.S. Department of Housing and Urban Development (HUD) and executive chairman of CityView in Los Angeles; J. Ronald Terwilliger, chairman of the ULI Terwilliger Center and chairman emeritus of Trammell Crow Residential; Patrick L. Phillips, ULI chief executive officer; Mel Martinez, former U.S. Senator, former secretary of the U.S. Department of Housing and Urban Development (HUD), and J.P. Morgan Chase chairman of Florida, Mexico, Central America and the Caribbean; Rick Lazio, former member, U.S. House of Representatives; Gregg Logan, managing director, RCLCO; and Ed Jennings, Southeast regional administrator, U.S. Department of Housing and Urban Development.

With nearly 30,000 members worldwide, ULI is a global nonprofit research and education institute dedicated to responsible land use. The ULI Terwilliger Center for Workforce Housing is dedicated to increasing the supply of housing affordable to the workforce in markets throughout the United States. The shortage of workforce housing that is close to employment centers and the combined cost burden of housing and transportation has been documented in several markets by the ULI Terwilliger Center.

The forum in Orlando will explore a variety of demographic and economic issues related to workforce and mixed income housing, including how the post-recession environment will affect financing and development of such housing. It will feature case studies of Capitol Quarter in Washington, D.C., and St. Aidan in Newton, Mass. – a 2010 winner and finalist, respectively, for the ULI Terwilliger Center’s Jack Kemp Workforce Housing Models of Excellence Awards.

The forum will showcase the potential of workforce housing development, a market sector that is certain to be in increasing demand in the years ahead. “Success in workforce housing will continue to require innovative approaches and a firm commitment to making the developments a reality,” Terwilliger said. “We’ll be looking at what has worked and why, and what we might expect going forward in this time of change for the real estate industry and the economy in general.”

NOTE TO EDITORS AND REPORTERS: Registration for the forum is complimentary for the media. To register, contact Trisha Riggs at 202-624-7086; email priggs@uli.org. If you cover issues related to housing and real estate, “Mixed Income Housing for the New Economy” will give you a new perspective.

About the Urban Land Institute
The Urban Land Institute (uli.org)  is a global nonprofit education and research institute supported by its members. Its mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Established in 1936, the Institute has nearly 30,000 members representing all aspects of land use and development disciplines.

About the ULI Terwilliger Center for Workforce Housing
The ULI Terwilliger Center for Workforce Housing was established by J. Ronald Terwilliger, chairman and chief executive officer of Trammell Crow Residential, to expand housing opportunities for working families. The mission of the Center is to serve as a catalyst in increasing the availability of workforce housing in high-cost communities by harnessing the power of the private sector.